New Delhi, April 29 (IANS) More than 50.8 lakh domestic LPG cylinders and over 73,000 small 5 kg LPG cylinders were delivered on Tuesday as the supply of cooking gas remains normal in the country with no dry-outs reported at retail distributorships despite the supply chain disruption due to the Middle East conflict, the Petroleum and Natural Gas Ministry said.Online domestic LPG cylinder bookings have increased to 99 per cent while authentication code-based deliveries, on the registered mobile n…
Latest Strait of Hormuz News & Updates
New Delhi, April 29 (IANS) Prominent renewable energy firm Adani Green Energy is aligning all its capacity expansion plans with its target of achieving 50 GW of renewable energy capacity by 2030, Executive Director Sagar Adani said on Wednesday.Speaking to the media on the sidelines of the ‘Resilient Futures Summit 2026’, he said every incremental addition to capacity is being planned in line with this long-term goal.The Executive Director of the company highlighted that Adani Group Chairman Gau…
Mumbai, April 29 (IANS) Domestic equity markets traded higher on Wednesday despite a rise in crude oil prices and reports that the United States may extend its blockade of Iranian ports.Sensex traded 0.52 per cent, or 400 points, higher at 77,289.55, hitting an intraday high in early trade, while Nifty rose 0.53 per cent, or 127.8 points, to 24,123.55.Sector-wise, buying interest was seen in auto, chemicals, realty, energy and IT stocks.Nifty Auto, Nifty Chemicals, Nifty Realty, Nifty Oil & …
Riyadh, April 29 (IANS) Gulf Cooperation Council (GCC) Secretary General Jasem Mohamed Albudaiwi said on Tuesday that GCC states have rejected Iran’s illegal measures to close the Strait of Hormuz and obstruct navigation through the waterway. The statement was made at the 19th Consultative Meeting of GCC leaders held in Saudi Arabia’s port city of Jeddah on Tuesday.Albudaiwi said the leaders also rejected any measures that would negatively affect navigation through the strait, including the impo…
United Nations, April 29 (IANS) India has condemned the attacks on commercial shipping in the Strait of Hormuz, which is vital to its energy and economic security, and called for restoring free navigation.“Commercial shipping must not be the target of military attacks, and such attempts are deplorable”, India’s Deputy Permanent Representative Yojna Patel told the Security Council on Tuesday.Patel did not mention any country by name but alluded to Iran by recalling that India co-sponsored a…
New Delhi, April 28 (IANS) The supply of natural gas to the textiles and handicrafts sector is being maintained at 80 per cent of the past six months’ average consumption, despite the disruptions in imports due to the closure of the Strait of Hormuz, since it has been categorised as a priority industry, the Ministry of Textiles said on Tuesday.In case of supply disruptions, public sector gas utility GAIL is intermittently sourcing supplies from the spot market to meet domestic demand, the minist…
New Delhi, April 28 (IANS) More than 67,000 cylinders have been seized in multiple raids across the country to curb hoarding and black marketing of cooking gas since March this year, according to an update issued by the Ministry of Petroleum and Natural Gas on Monday. Further, over 1,160 FIRs have been registered, and 271 persons have been arrested during this period. More than 2,800 raids were also conducted nationwide on Monday.The government has sent a clear signal that strict action will be …
New Delhi, April 28 (IANS) Amid the ongoing Middle East tension, Pakistan is facing a fertiliser crisis that is exposing deep structural vulnerabilities in Pakistan’s agricultural economy, a report has said.The closure of the Strait of Hormuz has sent shockwaves through global fertiliser markets, with urea prices surging nearly 47 per cent in less than a month.While Pakistan has long touted near self-sufficiency in urea production, the ongoing geopolitical disruption has highlighted its heavy …
New Delhi, April 28 (IANS) The first liquefied natural gas (LNG) shipment, since the West Asia conflict began on February 28, appeared to have traversed the Strait of Hormuz, signalling a potential breakthrough at a key global energy chokepoint, reports said on Tuesday, citing ship-tracking data.The LNG tanker Mubaraz — which loaded cargo from Abu Dhabi National Oil Co’s Das Island facility in early March — was passing the southern tip of India, according to the ship-tracking data.The vessel…
Tehran, April 27 (IANS) A senior Iranian lawmaker said on Monday the general staff of Iran’s armed forces should be the authority responsible for taking action in the Strait of Hormuz in the draft of a parliamentary plan to ensure security in the waterway.Ebrahim Azizi, chairman of the Iranian parliament’s national security and foreign policy committee, made the remarks in an interview with state-run IRIB TV while elaborating on the articles of the finalised draft of the “Strategic Action Plan t…